South End Capital Closes $5,000,000 MCA Consolidation, Debt Refinance and Working Capital Loan for Petroleum Company

February 28, 2017

We consolidated all 15 of the business’s debt and advance positions at 6.5% APR, and amortized the loan over 13 years into one monthly payment of $47,559 (more than half of the business’s previous monthly debt expense!). We also provided the borrowers over $591,000 of unrestricted working capital.